51 Jabuka Street, Glen Eden, Auckland - Waitakere

Nestled in the tranquility of Jabuka Street, a quiet cul-de-sac in Glen Eden, Auckland, stands a brand new, freehold property. This modern 4-bedroom, 2.5-bathroom home boasts an iron roof and wood exterior walls, all in good condition. Spacious with a floor area of 104 square meters on a levelled 70 square meter section, it includes a designated car park. The property, built in 2023, is categorised as a residential ownership home unit, and with a government capital value of $725,000, it's a gem in a rapidly appreciating market.

History shows a consistent rise in value, with the latest government valuation reflecting a 5.5% increase from the HouGarden AVM of $675,000. The latest sale, just two months prior, was for $959,000, a testament to the property's allure. The capital value growth is a promising indicator for investors seeking a sound property investment with an approximate return of 5.5% ($750pw).

For families, the property falls within the zones of several reputable schools. Bruce McLaren Intermediate School and Prospect School, both with a decile rating of 2, are nearby. Oratia School, with a higher decile of 9, and Henderson High School, catering to secondary students, are also within reach. This property not only offers a modern living space but also a lifestyle with easy access to amenities and top educational institutions.

Updated on May 13, 2024